Thursday, 5 January 2017

From The Economic Times - Here is why 'the flavour of the season', mobile wallets will die

The smartphone is mightier than the wallet, the one that holds cash and cards - that's what demonetisation has proved. For all kinds of needs - buying candy to transferring money - there are more digital options available than paper. It's also time-saving - why stand in bank and ATM queues to get cash when a few seconds of tapping a wallet app on a mobile phone are enough to make a payment? There is an alphabet soup of options available, leaving many confused about the best way to pay. Should it ..